Best Buy Will Buy Back Your Phone, But They Won’t Give You Much For It

According to BGR’s well placed little birdies, Best Buy is all set to roll out a new buy back program for all sorts of electronics, including small TVs, laptops, and most importantly: tablets and phones. You won’t make back a hell of a lot, and even if you go back a day after you bought it, you’ll only get 50% back. Here’s the chronological breakdown:

  • 0-6 months: 50%
  • 6-12 months: 40%
  • 12-18 months: 30%
  • 18-24 months:20%

The new service is meant to roll out January 5th, and all payouts will be in the form of Best Buy cards. I wonder what sort of proof they’ll offer, and if they’ll pay you back based on the recommended price, or on what you paid, if you got it on special.

Yeah, you’d do better hocking it on Craigslist, but this is definitely less work.

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